Emerging trends in Australian regulatory enforcement

While the appropriate degree of regulatory oversight and intervention is the subject of much debate, regulation is accepted as being necessary to aid a properly functioning economy - whether by promoting conduct that meets societal expectations or by passing on the economic costs of those actions that create social harm.

By understanding emerging trends in enforcement, organisations can make informed decisions about whether there is a need to shift resources to those areas of most relevance or interest to regulators.

One feature common to almost all regulated industries in Australia is the steadily increasing complexity of the regulatory environment and consequent soaring compliance costs.